Finance
People who are paid enormous sums of money to move other people's money around will make slightly less money this year
Updated: Dec 9, 2012 12:23 PM

We're confident that after reading all these ruminations on proprietary trading and overly complex and biased risk assessment models, we can explain to you what happened, cutting through all the Wall Street mumbo jumbo.
Updated: May 12, 2012 3:42 PM
JP Morgan had an inkling that the transfer was from client funds (and such a transfer would be illegal).
Updated: Dec 21, 2011 4:29 PM

Jon Corzine is, in the words of one financial columnist, a "rogue trader."
Updated: Dec 12, 2011 11:35 AM
Jon Corzine says, "I simply do not know where the money is, or why the accounts have not been reconciled to date."
Updated: Dec 8, 2011 10:58 AM